Tuttle & Associates LLC
Tuttle & Associates LLC is located in Greenville, SC, and the SBA lists its industry as Offices of Lawyers. It was approved for an SBA 7(a) loan of $2,677,000 for a change of ownership on June 13, 2025.
SBA 7(a) loan, change of ownership, approved Jun 13, 2025
- Gross approval
- $2,677,000
- SBA-guaranteed amount
- $2,007,750 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $36,122 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 541110, Offices of Lawyers
- Project location
- Greenville County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 84% of acquisition loans in Offices of Lawyers on this site.
- Average acquisition loan in Offices of Lawyers: $1,606,779.
- Average acquisition loan in South Carolina: $1,827,509.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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